Pašalièová, Renata; Stiller, Vladimír - In: Czech Journal of Economics and Finance (Finance a uver) 54 (2004) 11-12, pp. 520-540
inflation level, growth of real disposable income, and low interest rates support household credit growth. …The paper emphasizes how changes in credit conditions in the Czech Republic are likely to influence aggregate …/Permanent-Income Hypothesis, including a standard model of consumption and incorporating credit supply. We first concluded that credit conditions …